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Hey listeners, it's Saturday, February 1st.

I'm Francesca Fontana for the Wall Street Journal, and this is What's News and Markets,

our look at the biggest stock moves of the week and the news that drove them.

Let's get to it.

What a way to end January.

So this week was wild.

We had to juggle looming tariff threats, earning season, an update from the Fed, and a huge panic

around AI.

You know, I'm sure I'm not alone in feeling like a month has passed since Monday.

So where do we start?

Maybe let's start with the good.

Earning season kept going strong this week, with data showing that nearly three quarters of S&P 500 companies

that reported have beaten Wall Street's forecasts.

The less good, we are back to wait and see when it comes to the Fed, which hit the pause

button on interest rate cuts this week, which weighed on the stock market Wednesday.

And, of course, there was that giant sell-off in

artificial intelligence stocks and beyond, something called Deep Seek. Don't worry, we will come back

to that. So overall, how'd stocks do? Looking at the major indexes, which did manage to pair

some losses after Monday, the SMP 500 and and NASDAQ each booked losses for the week,

while the Dow had a modest weekly gain. And for the year so far, the Dow was up 4.7%. The S&P 500 has gained 2.7%.

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